having the new maturity date on November 15, 2017 and interest rate at 12.5% per annum which corresponds to the long-term financial costs of GJS. Opinion of the Audit Committee which is different from the

commitment of committee and the audit committee (who be VNG’s committee with conflict of interest as agreement of list on items 7 without meeting and vote) They are of the opinion that the proposal is suitable

favourable price and conditions. The company will benefit from increasing the business opportunity and generating the better returns on a long-term basis. (15) Opinions by The Audit Committee and/or Director

, The price is not higher than the market price. This rental is less than present rental. and according to the policy and objectives of the company's business expansion. Opinions of the Audit Committee

the Board of Directors / Audit Committee Different from Opinion of the Board of Directors According to Clause 11. -None-

. The Vanachai Group of Companies Company Limited 500,000 20 8. The commitment of committee and the audit committee (who be VNG’s committee with conflict of interest as agreement of list on items 7

lower than this transaction price. 1.10 Opinions of the Audit Committee and/or directors which are different from the opinions of the Board of Directors None 2. Disapproval on the extension of the Due

. Mrs. Siriporn Chaipattanavanich Director 333,333 17 4. Mr. Patta Sahawat Director 333,333 17 5. Ms. Phattra Sahawat Director 333,333 17 7. Comments from committee and audit committee (VNG committee who

not higher than the interest rate proposed by financial institutions and also has better loan conditions. (9) Opinions of the Audit Committee and/or the Board of Directors which is different form the

who provide back office service for securities company; “Back office” means operation, accounting and finance, information technology concerning to client information, internal audit, compliance or